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Endeavor Investor Network’s Latin American Venture Forum Gathers 160+ Entrepreneurs and Investors in Bogotá

Last week, Endeavor Global and Endeavor Colombia hosted the inaugural Latin American Venture Forum in partnership with Bancoldex. This event gathered over 30 of the most active regional funds in Colombia for a day of content, discussion […]

September 16th, 2014 — by admin

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Endeavor Company-Movile, invests 5.5 Million in iFood

Movile, a Brazilian software development company for mobile phones that was founded by three Endeavor entrepreneurs, has decided to heavily invest in a new start-up. The company is investing USD $5.5 million in iFood, a […]

February 11th, 2013 — by admin

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15 Endeavor Entrepreneurs participate in Colombia Immersion Tour

From June 30th to July 2nd, Endeavor Colombia—with important logistical support from Endeavor Uruguay—hosted an Immersion Tour. Fifteen Entrepreneurs and two VentureCorps from Argentina, Chile, Mexico, and Uruguay visited Bogotá to identify business opportunities, participating in a range of meetings and forums with entrepreneurs, business leaders, investment funds, consultants, and investment promotion agencies.

Overall, sessions stressed Colombia’s growing attractiveness to investors, and the various investment resources available to entrepreneurs within Colombia. More broadly, participants came away with a renewed appreciation for “looking outward.” International markets, the Tour reinforced, can be a valuable source of business models, products, and services that can be replicated and imported locally; rather than seeing foreign businesses as competition, entrepreneurs can learn from and adapt them, and in many cases find opportunities for partnership and investment.

Gina Bianchini, Greg Ericksen, Jeffrey Rosen, and Seval Oz join our Global Advisory Board

We’re excited to announce the addition of four new members to Endeavor’s Global Advisory Board – Seval Oz and Gina Bianchini from our growing California Network; Jeffrey Rosen from our New York network, and Greg Ericksen from our nascent London network.

Gina Bianchini is the Co-Founder of Ning, the largest social platform for interests and passions in the world, and is currently with the venture capital firm Andreessen Horowitz as an Entrepreneur-in-Residence.

Greg Ericksen is Ernst & Young’s Global Vice-Chair for Strategic Growth Markets and the Global Director of “Entrepreneur of the Year,” a program which recognizes and celebrates leading entrepreneurs in more than 50 countries.

Jeffrey Rosen is a deputy chairman and managing director of Lazard with over 30 years experience in international investment banking and corporate finance.

Seval Oz is Vice President Finance & Business Development at Cuil—a start-up search engine that ranks results according to a unique relevance algorithm.

Acquisition update: Three Melons to become a Disney company

On July 27, the Walt Disney Company announced it had agreed to acquire Playdom Inc., one of the fastest social gaming companies in Silicon Valley, for up to $763.2 million. On March 31, Playdom itself had acquired Three Melons, an Endeavor firm selected in 2008.

As a participant in Endeavor’s 2009 Mentor Capital program pilot, Three Melons founder Mariano Suarez Battan attended workshops and received specialized coaching, key introductions, and assistance pitching the business to potential investors and evaluating terms—ultimately leading to the firm’s acquisition by Playdom.

Elmira Bayrasli interviewed by Dowser

Elmira Bayrasli, VP of Policy and Outreach at Endeavor, was recently interviewed by Dowser about her previous experiences working on the connection between economic growth and social transformation, as well as Endeavor’s approach in fostering entrepreneurial spirit.

Click here to read the full article.

11 new Entrepreneurs selected at Turkey ISP

From June 13 – 15, Endeavor Turkey held its third International Selection Panel and selected 11 new Endeavor Entrepreneurs, representing eight companies from all four participating countries at the ISP. This brings our total to 517 Entrepreneurs selected from 336 companies.

Congrats to our newest Endeavor Entrepreneurs!

Jeeran (Jordan) – A vibrant web community platform that provides the Arab world with the latest web technologies and the means to communicate and connect. Jeeran was founded by Omar Koudsi and Laith Zraikat and is now the leading online community for user-generated content in Arabic.

Mastretta (Mexico) – The first Mexican sports car company, developed by a Mexico City based transportation design company with 20 years experience in the field of specialized vehicle design and led by Carlos Mastretta.

MexQ (Mexico) – Founded by Oscar Carillo Munoz, MexQ provides quality control services for the automotive and industrial manufacturing industries.

Mutfak Sanatlari Akademisi (MSA) (Turkey) – MSA is the first private culinary school in Turkey and the only culinary school with both international and domestic accreditation, offering courses certified by the UK’s City & Guilds Agency as well as the Turkish Ministry of Education. Surprisingly, founder Mehmet Aksel is not a cook!

Previta (Mexico) – Provider of timely and effective disease prevention and management services that curb the onset and progression of poor health in Mexico. Previta was founded by brothers Dr. Morgan Guerra Gea and Christian Guerra Gea.

Rafinera (Turkey) – Didem Altinbasak Tulgan founded Turkey’s first packaged daily meal plan service, which caters to clients with special dietary needs and goals.

Socomal (Chile) – Agricultural company founded by Patricia Cuevas that cultivates, processes and sells lupin to Europe, Asia, Africa and America.

Youtholding (Turkey) – Youtholding consists of three youth-specialized agencies: The Uniclub ( Youth marketing), Egitisim (youth-development and campus recruiting), and Youth Media (digital youth marketing and market research). Youtholding was founded by Emrah Kaya who has since joined forces with Aslı Caner.

PricewaterhouseCoopers partners with Endeavor Argentina

PricewaterhouseCoopers (PwC), one of the world’s largest professional services and auditing firms, has announced a partnership with Endeavor Argentina to provide Endeavor Entrepreneurs with ongoing strategic support. PwC will offer training modules and workshops on proper auditing practices and issues related to effective management and growth preparation. PwC partners and professionals have also offered hours of mentoring and support on strategic issues such as tax planning, international trade, corporate law, HR management, and information security.

“The great challenge of our entrepreneurs is to generate sustainable, long-term businesses, and think big,” said Endeavor Argentina MD Alejandro Mashad. “We’re honored to have the support of PwC to help our entrepreneurs achieve these important goals.”

Endeavor Entrepreneurs featured in Latin Trade

Several Endeavor Entrepreneurs are featured in “Ten Under Ten” in Latin Trade, a premier regional business publication. The article highlights ten promising Latin American companies started in the past ten years, including Endeavor firms Globant, AliBio, and Intizen. “A number of the executives at the helm,” the article affirms, “have received crucial support and guidance from the likes of Endeavor.”

Citi Foundation awards $100,000 grant to Endeavor

The Citi Foundation granted $100,000 to Endeavor, specifically focused on Endeavor’s work in Egypt, Turkey and South Africa.

“The Citi Foundation has long recognized that real growth in the developing world will ultimately come from robust private sectors that encourage investment and innovation,” said Endeavor CEO Linda Rottenberg. “Citi has done so much to jumpstart private sector development worldwide. This grant reinforces their commitment to expanding employment and wealth across the emerging and developing world.”

Pam Flaherty, President and CEO of the Citi Foundation said, “We recognize the importance supporting small and growing businesses in developing markets. Not only do these businesses lead to the economic growth and development of their communities, but they provide increased employment opportunities for the residents of those communities as well. We are honored to support Endeavor’s outstanding work to identify and nurture high-potential entrepreneurs to achieve their business goals in Egypt, Turkey and South Africa.”

Endeavor cited in Ad Age: “Why Your Brand Should Have Purpose”

In a recent article in Ad Age about purpose-driven work, Dell executive Erin Mulligan Nelson spotlights Dell’s “Take Your Own Path” campaign—highlighting the example of Linda Rottenberg and the work of Endeavor. Stay tuned for the rollout of the Brazilian version of this global Dell campaign.

HSBC spotlights our mentor program & Entrepreneurs

The financial services company HSBC recently published and distributed to major UK newspapers the “100 Thoughts” [PDF], a series of publications focused on innovative business practices.

Thought #90, titled “Get a Mentor,” highlights the experience of Brazilian Entrepreneur Ivan Calia Barchese of Mextra. Endeavor introduced Barchese to Fausto Moreira, the retired president of Alcoa Brazil, whose guidance changed the way Barchese ran his business and helped accelerate its growth; in just three years, Mextra increased sales from $6M to $35M.

Chile’s Karina von Baer was also cited in Thought 84, “Turn Commodities into Specialties.” Her business, Oleotop, buys the rape crop from Chilean farms and transforms it into specialty oils to use as feed for the burgeoning salmon farming industry.

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